Gives with wife, Sarah Ann … has committed $100M+ to Chapman U (see Daniele Struppa) … law school named for him (see Matt Parlow) … also gives to Musco Center (see Paul Musco), scholarships … CU trustee; bachelor’s, econ, 1958, year before George Argyros (see entry) … real estate developer, manager, Fowler Properties
Special Issue: List will be centerpiece of June 17 edition
The Business Journal is preparing our annual list of the area’s largest privately owned companies for publication in June.
Opportunity zones—economically challenged areas that stand to benefit from investment tax incentives created through President Trump’s 2017 tax reform bill—are this year’s hot topic in commercial real estate circles.
Business Journal Excellence in Entrepreneurship honoree … outsourced digital services … bought 2015; founded 1998 by Justin Choi … 100 workers, 14K SF HQ … wants to meet: da Vinci, ‘inspiration as artist, inventor’ … Bucket list: Running of the Bulls, Pamplona … always attends: Cavalcade sports car rally, Italy … mentors Calif., Colo., startups … boards: UCI undergrad advisory; Human Options, Discovery Cube (see Joe Adams)
CalAmp Corp. has acquired Synovia Solutions LLC for $50 million to expand its subscription services, the Irvine-based company said today.
Orange County executives stared at a considerable wall of worry to start 2019.
Newport Beach-based ConversionPoint Holdings Inc. is looking to raise $40 million in an initial public offering.
Irvine-based ShiftPixy Inc. reported fiscal second quarter revenue for the period jumped 67% to $13.2 million from the same period a year earlier.
Co-leads Southwest region, including NB, L.A., San Diego, Phoenix, Las Vegas, Denver … design strategy, visioning and master planning, interior design, project portfolio management … OC’s fifth-largest firm, $27M local billings; 25+ licensed architects … design for Opus Bank won 2016 award from trade group … joined firm in 1989… bachelor’s, Northern Arizona U
Homebuilding Industry Preps for Spring Recovery
Orange County’s contingent of publicly traded homebuilders and land developers have struck a defiant tone to confront the choppy homebuilding market that rattled the industry—and battered their stock prices—in the latter part of 2018 and early 2019.
Named to role 2017 … for-profit formed 2010 … specialty ‘on the eve of major disruption … shift from inpatient to outpatient’ work … scale by ‘investing in new centers [by] partnerships’ … Institute: most hip, knee replacements in Calif. … previously CFO, Hoag Memorial, St. Joe Hoag Health … Texas Christian grad … first car: 1966 VW Bug bought for $800’ … bucket list: design-build dream home
KushCo Holdings Inc. (OTC: KSHB), the largest cannabis related company based in Orange County, reported second quarter revenue jumped 240% to $35.2 million.
San Clemente’s CareTrust REIT Inc. (Nasdaq: CTRE) increased the size of a public offering that’s now expected to raise $135 million, to help pay debt.
APPAREL: Manhattan Revamps Exec Team
When Lindsay Shumlas became chief executive of Cypress-based swimwear manufacturer Manhattan Beachwear Inc. in September, she fashioned a plan to focus strictly on swimsuits.
Largest OC private co. by revenue: $9.4B, up 5%, 2017… companywide workers 3,650+, 58% in OC … steered firm through 2008 crisis; no plans to retire … PacLife 150 years old, 2018 … chairs company foundation: $6.3M 2017 giving, 62% in OC … look for famed PacLife whale TV ads in football season … Business Journal OC 50
Business software maker Mavenlink Inc. raised $48 million in a Series E financing round, led by current investors Newport Beach-based private equity firm Carrick Capital Partners and Goldman Sachs Growth Equity.
It’s not often a father and son can together build a company to a $2.6 billion valuation.
Zeiss consolidated ophthalmic, named Mazzo to lead 2016 … unit: $1.2B revenue; Zeiss parent $6B+ … devices used for diagnosis, treatment, eye disease; surgical microscopes … integrating eye care, data, AI … ‘small company mentality of focusing, educating’ … former CEO Advanced Medical Optics … led Allergan eye unit in North America, Europe
Santa Ana’s Allied Universal, the nation’s largest private security force, said it will acquire Securadyne Systems, a Dallas based provider of security systems.